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Big news today, Sirius XM fans. The Sirius XM iPhone app has been released, and is available to downloadright now. The app itself is free, but you’ll need to be a Sirius XM subscriber to use it. Obviously.

Let’s get the bad news out of the way: there’s no Howard Stern on the app. There’s also no MLB and NFL. So if you were looking forward to using your fancy new iPhone 3G S to listen to Howard Stern, well, tough luck.

The good news: there’s plenty of other fine content to listen to. There’s Opie & Anthony and Ron & Fez from channel 202; Oprah; CNN and Fox News; and all that music, music that you can later buy from iTunes if you so desire.

As you may well know, I’m not an iPhone owner, nor do I have an iPod touch, so I can’t try it out myself.

Now, the Howard Stern fans will pan the app—“this sucks,” etc.—but if you can move past that you might just find what looks to be a neat little app.

Here’s a video of the app in action. Let me know what you think. And I do mean “me,” since I’m the only Sirius XM fan ’round here.